Genasys Inc. (NASDAQ:GNSS – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 268,600 shares, a growth of 51.4% from the June 15th total of 177,400 shares. Based on an average trading volume of 80,600 shares, the days-to-cover ratio is currently 3.3 days.
Genasys Stock Down 3.0 %
GNSS traded down $0.08 during trading on Monday, reaching $2.57. 17,273 shares of the company’s stock were exchanged, compared to its average volume of 90,113. Genasys has a fifty-two week low of $1.51 and a fifty-two week high of $3.92. The business has a 50 day moving average price of $2.03 and a 200 day moving average price of $1.98.
Genasys (NASDAQ:GNSS – Get Free Report) last posted its earnings results on Tuesday, May 14th. The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.04). The business had revenue of $5.74 million during the quarter, compared to the consensus estimate of $7.05 million. Genasys had a negative net margin of 71.72% and a negative return on equity of 46.55%. During the same period in the previous year, the firm earned ($0.09) EPS. On average, analysts anticipate that Genasys will post -0.56 EPS for the current year.
Hedge Funds Weigh In On Genasys
About Genasys
Genasys Inc engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software.
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